What Is X1 Credit Card? Features, Pros & Cons

X1 Credit Card

A weak credit score means that you are not eligible for a credit card. But it should not stop you from having a credit card. Should it? That is when X1 Credit Card comes to the rescue. 

What’s more, there are no annual fees involved. But while all these exciting talks might persuade you, do not forget about the 40+ retail partners of X1 Credit Card you are limited to redeem your rewards from.

So, is the X1 Credit Card worth having after all? Keep reading this article to find out the answer to your query. 

About X1 Credit Cards

X1 Credit card is a credit card that does not solely depend on your credit score to provide you with a good Credit Score. You can use your future and your current income range for determination. The company claims that it can result in a limit of close to five times more than what traditional credit cards provide. 

If you are someone working to repair or build your credit score and still want the benefits of a good Credit card, then this is a good option to consider. But the X1 credit card also does some soft pull when you apply for the card.

Users can earn 2 points per dollar they spend, with the possibility to stretch it to 3 points, 5 points, and 10 points per dollar. Go through its different features and perks below–

Rewards & Benefits

You will earn rewards and benefits using the X1 Credit Card. For each of the dollars spent, you will earn 2 points. Users have to spend $1,000 on eligible purchases monthly to earn 3 points on the next $7,500 on eligible purchases. This benefit is only available in that calendar month. 

The reward points are even higher compared to the Wells Fargo Active Cash Card. Also, you can easily get 3 points on your monthly purchases because spending $1000 is quite likely for many users.

40+ Retail Partners

You will be able to redeem your rewards on your eligible purchases from X1 credit card’s retail partners. Yes, they do not have a massive list of retail partners. But you can redeem your points at some of the most popular retail stores, such as – Apple, Nintendo, Nike, Amazon, Best Buy, Patagonia, and Airbnb. You can get up to 10x points when purchasing with the partner brands using the X1 app.

Reward Potential

According to a Forbes study, 70% of households earn $107,908 per year, and their standard expense rate sits at $32,07. This expense can be charged to their credit cards. If we take the standard rate of reward from the X1 credit card, then that means the users have the potential to earn 64,144 return points. Also, users can potentially earn more based on their monthly income. 

Redeeming X1 Credit Card Points

Redeeming your reward point is something that becomes a little tricky for users. If you want to get the best value for the X1 credit cards and the reward points, then you must redeem the reward points at their partnered retail stores.

Redeeming with statement credits is an option. But your points will be worth 0.7 cents compared to the full cent you are eligible for when redeeming for partner purchases. However, if you are able to exceed $1,000 worth of purchases with partnered brands, then your reward points get boosted up to 3 points per dollar spent.

Referral Options

Some credit card companies often allow users to refer bonuses to other people to encourage the users to recruit new members. However, the reward is commonly worth a few hundreds of dollars. Users get X1’s referral bonuses in the form of reward points coming in 4x, 5x, or 10x point rates for each of the $1 spent for a month. 

Although many users might think of this referral reward program in a different way, there are some benefits to consider. Bonus rewards in the form of credit points can be more beneficial than cash bonuses. Also, the bonuses are tax-deferred. So there is no chance of losing the money you earned as a reward.

Virtual Credit Card Option

Not too many companies allow users with a virtual credit card. The features and the benefits of a virtual credit card are beneficial. Most importantly, you have a disposable credit card number you can forget about after each single one of your usages. The credit card number can be disposed of after you have completed a transaction.

While most other companies might provide you with a virtual credit card, the X1 app takes it one step further. Users can have dozens of virtual credit cards simultaneously. You can also choose their expiration dates accordingly. 

Also, this is extremely helpful if you want to subscribe to any plan or service that you want to cancel later. If you want to cancel that service, you can do so by just canceling the credit card itself. 

Other Benefits

Aside from the ones mentioned here, there are countless other benefits of using the X1 Credit card. Here are some of them –

  • Cellphone protection
  • Extended warranty protection
  • No annual, late, or foreign transaction fees are involved
  • Trip interruption reimbursement
  • Stainless steel card
  • Purchase security
  • Auto rental collision damage waiver
  • Return protection
  • Add up to 5 authorized users with zero age restrictions
  • Zero liability protection
  • Roadside dispatch
  • Visa Signature Concierge Service
  • Travel & emergency assistance

Pros & Cons Of X1 Credit Cards

Here are some of the pros and cons of the credit card –


Here are some of the pros of X1 credit cards –

  • Earn 2 points for each of the dollars spent on a daily basis. 
  • You can also earn 3 points per dollar for the next $7500 purchases you are going to make in the calendar month after your purchase of $1,000.


  • There are no welcome bonuses, or introductory APR offers. 
  • Rewards redemptions are limited to X1 partners.


Thanks to the different attributes and for zero annual fees, many users want to opt for the X1 Credit card. If you are someone trying to recover their credit score or trying to build your credit score high, then this might be worth considering. Once you have gone through this article and read about the features of this application, you will know what the X1 credit card is. 

Hopefully, this article helped you find your answer. However, if you have similar queries you want us to answer, let us know through the comment section below. Thank you for reading.

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